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| American Resources |
Scaling Up Critical Mineral Refining with ReElement Technologies
American Resources Corp. [NASDAQ: AREC], through its holding in ReElement Technologies Corp., continues to expand its rare earth oxide production at its Noblesville, Indiana facility. The company’s growth is fueled by increased refining capacity via modular chromatography columns, enhancing the efficiency, scalability, and sustainability of critical mineral refining within the United States.
Mark Jensen, Chairman and CEO of ReElement Technologies, emphasized the strategic importance of midstream refining capacity in strengthening the domestic critical mineral supply chain. He stated that the challenge has never been mining or feedstock availability but rather the ability to refine and process these materials into high-purity products without relying on China.
Strategic Growth and Technology Innovations
ReElement’s proprietary and patented refining technology enables modular scalability, allowing it to efficiently expand production capacity as feedstock availability increases. This method significantly reduces capital expenditure and operational risks while optimizing efficiency.
The company has relocated its material pre-processing operations from Noblesville to its Marion, Indiana facility, freeing up space for additional chromatography columns and further increasing rare earth oxide output. The expansion also supports the development of ReElement’s Marion Advanced Technology Center, which is poised to handle large-scale refining and production.
ReElement’s advancements include:
Completing Phase 1a contracted orders for rare earth oxides at its Marion facility and evaluating expansion beyond the initial 1,000 metric tons capacity.
Successfully producing 99.7% pure antimony(III) sulfide and optimizing processing flow sheets for scalable, cost-effective production.
Receiving initial samples of germanium-bearing feedstock, crucial for AI, data center, and semiconductor applications.
Leveraging financing from convertible notes and equipment lines of credit to expand processing capabilities in Marion.
By integrating additional chromatography columns into existing lines, establishing new production lines, and optimizing resin utilization, ReElement strategically enhances rare earth and critical mineral refining capabilities, reinforcing U.S. supply chain resilience.
As of December 31, 2024, ReElement Technologies is approximately 19.9% owned by American Resources Corp., with the remaining ownership allocated to American Resources Corp.'s underlying investors.
